The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
Source: All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual reports / other publicly available information as available on the website of peer for the financial year ended March 31, 2026
Shiprocket is an end-to-end, technology-driven platform that helps Indian MSMEs and large retailers run their e-commerce businesses easily. It enables merchants to sell online and offline by simplifying shipping, checkout, payments, fulfilment, and cross-border trade. According to the Redseer Report, Shiprocket is India's largest new-age end-to-end e-commerce enablement platform by revenue in FY25. Shiprocket was started as a shipping platform and its core business includes domestic shipping services and shipping apps that provide features like instant pickups, order tracking, secure delivery, weight checks, and faster COD payments. Over time, Shiprocket has expanded beyond shipping and now offers additional services to improve merchant operations and customer experience. These include fulfilment centres, cargo and heavy logistics services, omnichannel commerce through Shiprocket Omuni, international shipping with customs support, advertising and marketing solutions, checkout and payment tools, business loans, hyperlocal deliveries, and other merchant solutions. Shiprocket earns revenue mainly through usage-based pricing, where merchants pay based on how much they use the platform, such as the number of transactions or order value processed. In the six months ending September 30, 2025, Shiprocket supported over 145,000 active merchants who processed more than 97 million transactions and served over 42 million customers, with a repeat customer rate of 64.56%. The platform supports businesses of all sizes, including over 8,500 high-volume "Power Merchants."
What is the Shiprocket IPO price band?+
The indicative price band is ₹97 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Shiprocket IPO?+
One lot is 154 shares. At the upper band of ₹97, one lot works out to ₹14,938.
How many lots can a retail investor apply for in the Shiprocket IPO?+
A retail application runs from 1 lot (154 shares, ₹14,938) up to 13 lots (2,002 shares, ₹1,94,194) — the most that fits under SEBI's ₹2 lakh retail ceiling.
What is the minimum HNI application in the Shiprocket IPO?+
A small-HNI (sHNI) application starts at 14 lots — 2,156 shares, ₹2,09,132. A big-HNI (bHNI) application starts at 67 lots — 10,318 shares, ₹10,00,846, above the ₹10 lakh boundary.
When does the Shiprocket IPO open and close?+
The issue opens on 12 Aug 2026 and closes on 14 Aug 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Shiprocket IPO allotment?+
Allotment is scheduled for 17 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does Shiprocket list?+
Listing is scheduled for 19 Aug 2026 on NSE, BSE.
Where will Shiprocket be listed?+
Shiprocket is proposed for listing on NSE, BSE. It is a mainboard issue.
How large is the Shiprocket IPO?+
The issue size is ₹1617.59 Cr — a fresh issue of ₹885.5 cr and an offer for sale of ₹731.98 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the Shiprocket IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
Who is the registrar for the Shiprocket IPO?+
The registrar to the issue is Kfin Technologies Ltd. (040-79615565), shiprocket.ipo@kfintech.com.
Where can I check the Shiprocket IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.
What is the P/E ratio of the Shiprocket IPO?+
The P/E ratio on file for this issue is -24.19, and the post-issue P/E is -35.02, stated as of 31 Mar 2026. A reported ratio is not a view on value.